President Barack Obama boards the presidential bus after visiting the Galesburg High School on Aug. 17 during his three-day economic tour. (AP Photo/Carolyn Kaster)

Sioux City, Ia. – If he’s elected president, Newt Gingrich wouldn’t need an armored bus for his travels cross-country, he said today.

“I’m thinking about – this may be too trivial – I’m thinking about an executive order to sell the two Canadian buses,” Gingrich told an audience at Morningside College in Sioux City.

“My idea was, if you sold them by auction so that rich right-wingers could bid to see who had the right to an Obama bus you might get $5 or $10 million bucks for the treasury.”

The Secret Service acquired two Canadian-built armored buses for use by President Barack Obama, the 2012 Republican candidates and future presidents. The contract was for $1.1 million for each bus.

“ I don’t know if that’s too small a thing to have, but it’s tempting as a symbol of the difference,” Gingrich said. “I mean, I’m happy to ride in an SUV. I’ll take my chances.”

Obama used one of the custom coaches, which is rigged with security and communication systems, on a three-day tour through the Midwest last month.

Gingrich, a former U.S. House speaker, said the bus sale is just one of dozens of executive orders he’s contemplating.

“On the very first day about an hour after the inaugural address, I’m going to take one hour and I’m going to sign between 50 and 200 executive orders, all of which will be on the Internet by Oct. 1 of next year. They’ll be part of the last month of the campaign,” he said. “The first executive order we’ll sign will abolish all of the White House czars.”